this post was submitted on 17 Feb 2024
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The legal industry is going to get turned on its head when AI can read, comment, and write contracts.
A 2023 study by researchers at Princeton University, the University of Pennsylvania and New York University found that “legal services” is among the industries most exposed to occupational change from generative AI.
https://arxiv.org/pdf/2303.01157.pdf
Another report, published in 2023 by economists at Goldman Sachs, estimated that 44 percent of legal work could be automated by emerging AI tools.
https://www.ansa.it/documents/1680080409454_ert.pdf
https://www.pymnts.com/news/artificial-intelligence/2024/lawyers-who-use-ai-will-replace-those-who-dont/